If your clients pay you in USD, your bank builds a margin into the rate every time you convert to CAD. CurrencyMate gives Canadian businesses a better path to receive USD and convert to CAD at competitive pricing, with same-day settlement on eligible payments.
If your clients pay you in USD, your bank builds a margin into the rate every time you convert to CAD. CurrencyMate gives Canadian businesses a better path to receive USD and convert to CAD at competitive pricing, with same-day settlement on eligible payments.
On $500,000 of annual USD revenue, the difference between a typical bank conversion and CurrencyMate’s institutional pricing can be up to $15,000 per year. The exact saving depends on the currency pair, size, and the bank being compared.
